Equity (Tables)

6 Months Ended

Dec. 31, 2019

Summary of the changes in the carrying amounts of total equity, Kennametal shareholders' equity and equity attributable to noncontrolling interests

A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the three months ending December 31, 2019 and 2018 is as follows:



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of September 30, 2019	$	103,542		$	530,695		$	1,066,763		$	(402,434	)	$	39,084		$	1,337,650
Net loss	—			—			(5,939		)	—			(290		)	(6,229		)
Other comprehensive income	—			—			—			24,215			538			24,753
Dividend reinvestment	2			50			—			—			—			52
Capital stock issued under employee benefit and stock plans⁽³⁾	76			5,827			—			—			—			5,903
Purchase of capital stock	(2		)	(50		)	—			—			—			(52		)
Additions to noncontrolling interest	—			—			—			—			1,527			1,527
Cash dividends	—			—			(16,577		)				—			(16,577		)
Total equity, December 31, 2019	$	103,618		$	536,522		$	1,044,247		$	(378,219	)	$	40,859		$	1,347,027



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests		Total equity
Balance as of September 30, 2018	$	102,615		$	517,349		$	940,983		$	(333,333	)	$	36,495	$	1,264,109
Net income	—			—			54,698			—			1,549		56,247
Other comprehensive (loss) income	—			—			—			(1,299		)	500		(799		)
Dividend reinvestment	2			52			—			—			—		54
Capital stock issued under employee benefit and stock plans⁽³⁾	85			5,064			—			—			—		5,149
Purchase of capital stock	(2		)	(52		)	—			—			—		(54		)
Cash dividends	—			—			(16,422		)	—			—		(16,422		)
Total equity, December 31, 2018	$	102,700		$	522,413		$	979,259		$	(334,632	)	$	38,544	$	1,308,284

A summary of the changes in the carrying amounts of total equity, Kennametal Shareholders’ equity and equity attributable to noncontrolling interests for the six months ending December 31, 2019 and 2018 is as follows:



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2019	$	103,026		$	528,827		$	1,076,862		$	(373,543	)	$	39,532		$	1,374,704
Net income	—			—			528			—			653			1,181
Other comprehensive loss	—			—			—			(4,676		)	(853		)	(5,529		)
Dividend reinvestment	4			102			—			—			—			106
Capital stock issued under employee benefit and stock plans⁽³⁾	592			7,695			—			—			—			8,287
Purchase of capital stock	(4		)	(102		)	—			—			—			(106		)
Additions to noncontrolling interest	—			—			—			—			1,527			1,527
Cash dividends	—			—			(33,143		)	—			—			(33,143		)
Total equity, December 31, 2019	$	103,618		$	536,522		$	1,044,247		$	(378,219	)	$	40,859		$	1,347,027



	Kennametal Shareholders’ Equity
(in thousands)	Capital stock			Additional paid-in capital			Retained earnings			Accumulated other comprehensive loss			Non- controlling interests			Total equity
Balance as of June 30, 2018	$	102,058		$	511,909		$	900,683		$	(320,325	)	$	36,002		$	1,230,327
Net income	—			—			111,396			—			3,274			114,670
Other comprehensive loss	—			—			—			(14,307		)	(732		)	(15,039		)
Dividend reinvestment	3			104			—			—			—			107
Capital stock issued under employee benefit and stock plans⁽³⁾	642			10,504			—			—			—			11,146
Purchase of capital stock	(3		)	(104		)	—			—			—			(107		)
Cash dividends	—			—			(32,820		)	—			—			(32,820		)
Total equity, December 31, 2018	$	102,700		$	522,413		$	979,259		$	(334,632	)	$	38,544		$	1,308,284

⁽³⁾ Net of restricted stock units delivered upon vesting to satisfy tax withholding requirements.